EWZ, EPU: Big ETF Outflows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 21 2024
0mins
Source: NASDAQ.COM
ETF Outflows Overview: The iShares MSCI Brazil ETF experienced the largest outflow with a decrease of 3,800,000 units, marking a 2.6% decline from the previous week.
Significant Percentage Decline: The iShares MSCI Peru and Global Exposure ETF saw the most significant percentage drop, losing 1,050,000 units, which is a 35.0% decrease compared to the prior week.
Analyst Views on BAP
Wall Street analysts forecast BAP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAP is 287.00 USD with a low forecast of 264.00 USD and a high forecast of 310.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 332.590
Low
264.00
Averages
287.00
High
310.00
Current: 332.590
Low
264.00
Averages
287.00
High
310.00
About BAP
Credicorp Ltd is a Peru-based financial services holding company. The Company is organized into four lines of business: Universal Banking, Insurance and Pensions that mainly serve the overall Peruvian market, Microfinance and Investment Banking and Wealth Management that have a strong presence in Latin America. The Company has leveraged its franchises and has consolidated into a Group with more than 36,000 employees and operations mainly in six countries: Peru, Bolivia, Colombia, Chile, Panama and the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
